Housing Market Analysis for MARGARET CLOSE, RG2 8PU

Are you looking to understand RG2 8PU house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Reading postcode.

For the location information and nearby amenities in the RG2 8PU area, explore the RG2 8PU Area information page.
For comprehensive crime statistics in the RG2 8PU area, explore the RG2 8PU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RG2 8PU postcode area, The average prices are as follows,

Terraced
- The average price is around £192,486 median price is £191,250 Standard Deviation is £98,338 with Total Sold: 36
- The Last 5 Year average price is £300,778 with Total Sold: 9
- The most recent sale happened at this postcode is 17 MARGARET CLOSE: £315,000 (Sold on 20 Dec 2023)
- The first recorded sale happened at this postcode is 26 MARGARET CLOSE: £47,000 (Sold on 19 Aug 1996)
Semi-Detached
- The average price is around £195,160 median price is £156,000 Standard Deviation is £96,261 with Total Sold: 20
- The Last 5 Year average price is £325,000 with Total Sold: 4
- The most recent sale happened at this postcode is 6 MARGARET CLOSE: £382,000 (Sold on 12 Jul 2023)
- The first recorded sale happened at this postcode is 1 MARGARET CLOSE: £81,000 (Sold on 19 Jun 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average RG2 8PU house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£315,000	£5,625	2
2022	£349,500	£4,787	2
2021	£295,000	£3,853	2
2020	£262,667	£3,435	3
2018	£311,000	£3,880	2
2016	£282,500	£3,641	2
2015	£247,167	£3,272	3
2014	£197,500	£2,324	1
2013	£202,000	£2,349	1
2011	£169,250	£2,409	2
2007	£185,000	£1,989	1
2006	£155,000	£2,123	1
2004	£150,000	£1,786	1
2001	£120,667	£1,439	3
2000	£108,000	£1,462	2
1999	£80,250	£1,182	2
1998	£72,000	£901	2
1997	£39,269	£677	2
1996	£52,475	£694	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£382,000	£3,351	1
2022	£280,000	£3,256	1
2021	£335,000	£3,073	1
2019	£303,000	£3,404	1
2017	£335,000	£3,807	1
2016	£310,000	£2,844	1
2015	£290,000	£3,053	1
2007	£100,000	£917	1
2006	£170,000	£1,977	1
2003	£149,300	£1,666	5
2002	£142,500	£1,250	1
2001	£131,100	£1,483	2
2000	£89,000	£1,011	1
1998	£79,000	£910	2

All the Sales in the MARGARET CLOSE, RG2 8PU

See the table below for more details on the sold house prices in the RG2 8PU, Reading postcode.

Address	Sold Date	Price	% Change
17 MARGARET CLOSETerraced, FreeholdArea: 56 Sq.mtrAge: 1967-1975	20 Dec 2023	£315,000	0.0
	20 Dec 2023	£315,000	303.85%
	26 Mar 1999	£78,000	First Sale
6 MARGARET CLOSESemi-Detached, FreeholdArea: 114 Sq.mtrAge: 1950-1966	12 Jul 2023	£382,000	168.07%
	26 Apr 2002	£142,500	First Sale
23 MARGARET CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1967-1975	28 Jul 2022	£344,000	129.33%
	17 Sep 2004	£150,000	First Sale
29 MARGARET CLOSETerraced, FreeholdArea: 66 Sq.mtrAge: 1950-1966	29 Apr 2022	£355,000	First Sale
4 MARGARET CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	04 Feb 2022	£280,000	64.71%
	10 Jul 2006	£170,000	10.39%
	03 Jan 2003	£154,000	First Sale
15 MARGARET CLOSETerraced, FreeholdArea: 68 Sq.mtrAge: 1950-1966	14 Dec 2021	£275,000	First Sale
49 MARGARET CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1950-1966	30 Sep 2021	£315,000	55.94%
	16 Aug 2013	£202,000	First Sale
2 MARGARET CLOSESemi-Detached, FreeholdArea: 109 Sq.mtrAge: 1950-1966	22 Jan 2021	£335,000	8.06%
	29 Sep 2016	£310,000	210.00%
	27 Jul 2007	£100,000	-36.71%
	31 Jul 2003	£158,000	First Sale
38 MARGARET CLOSETerraced, FreeholdArea: 73 Sq.mtrAge: 1976-1982	16 Jun 2020	£290,000	11.54%
	01 Sep 2016	£260,000	52.94%
	25 Mar 2011	£170,000	9.68%
	03 Feb 2006	£155,000	32.48%
	30 Oct 2001	£117,000	First Sale
20 MARGARET CLOSETerraced, Freehold	23 Apr 2020	£243,000	First Sale
21 MARGARET CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-1975	27 Mar 2020	£255,000	First Sale
1 MARGARET CLOSESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	20 Sep 2019	£303,000	274.07%
	19 Jun 1998	£81,000	First Sale
11 MARGARET CLOSETerraced, FreeholdArea: 97 Sq.mtrAge: 1967-1975	06 Dec 2018	£320,000	First Sale
26 MARGARET CLOSETerraced, FreeholdArea: 67.71 Sq.mtrAge: 1950-1966	25 Jul 2018	£302,000	79.23%
	30 Aug 2011	£168,500	70.20%
	06 Oct 2000	£99,000	110.64%
	19 Aug 1996	£47,000	First Sale
7 MARGARET CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-1966	08 Nov 2017	£335,000	144.53%
	07 Dec 2001	£137,000	53.93%
	04 Feb 2000	£89,000	First Sale
25 MARGARET CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1976-1982	14 Oct 2016	£305,000	First Sale
34 MARGARET CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1967-1975	04 Nov 2015	£265,000	263.01%
	06 Mar 1998	£73,000	First Sale
3 MARGARET CLOSESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1967-1975	29 Sep 2015	£290,000	131.63%
	29 Mar 2001	£125,200	First Sale
40 MARGARET CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1930-1949	21 Aug 2015	£246,500	First Sale
44 MARGARET CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 1967-1975	08 May 2015	£230,000	First Sale
27 MARGARET CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1950-1966	11 Dec 2014	£197,500	139.39%
	02 Jul 1999	£82,500	First Sale
36 MARGARET CLOSETerraced, FreeholdArea: 93 Sq.mtrAge: 1967-1975	16 Jul 2007	£185,000	First Sale
12 MARGARET CLOSESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1967-1975	05 Dec 2003	£141,000	First Sale
9 MARGARET CLOSESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1967-1975	16 May 2003	£164,000	First Sale
32 MARGARET CLOSESemi-Detached, Freehold	24 Jan 2003	£129,500	First Sale
47 MARGARET CLOSETerraced, Freehold	28 Sep 2001	£130,000	First Sale
45 MARGARET CLOSETerraced, FreeholdArea: 90.194 Sq.mtrAge: 1950-1966	08 Jun 2001	£115,000	First Sale
39 MARGARET CLOSETerraced, Freehold	15 Dec 2000	£117,000	First Sale
41 MARGARET CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1950-1966	09 Oct 1998	£71,000	First Sale
35 MARGARET CLOSESemi-Detached, Freehold	19 Aug 1998	£77,000	First Sale
37 MARGARET CLOSETerraced, Freehold	17 Sep 1997	£17,588	First Sale
48 MARGARET CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1967-1975	04 Apr 1997	£60,950	First Sale
16 MARGARET CLOSETerraced, Freehold	25 Sep 1996	£57,950	First Sale

Check out the sold house prices near the RG2 8PU postcode. Properties currently for saleProperties currently for rent

MARGARET CLOSE, RG2 8PU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RG2 8PU postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the RG2 8PU postcode.

Terraced
- The average price is around £170,245 median price is £159,950 Standard Deviation is £86,353 with Total Sold: 510
- The Last 5 Year average price is £295,016 with Total Sold: 85
- The most recent sale happened at this postcode is , 1 WRENSWOOD CLOSE: £340,000 (Sold on 17 Sep 2024)
- The first recorded sale happened at this postcode is , 16 LEXINGTON GROVE: £53,500 (Sold on 12 Jan 1995)
Semi-Detached
- The average price is around £187,076 median price is £168,000 Standard Deviation is £98,038 with Total Sold: 917
- The Last 5 Year average price is £329,624 with Total Sold: 149
- The most recent sale happened at this postcode is , 7 VERNON CRESCENT: £336,000 (Sold on 09 Sep 2024)
- The first recorded sale happened at this postcode is , 12 WOODSIDE WAY: £54,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £103,798 median price is £102,000 Standard Deviation is £47,477 with Total Sold: 183
- The Last 5 Year average price is £135,718 with Total Sold: 31
- The most recent sale happened at this postcode is FLAT 17, SOUTHGLADE WHITLEY WOOD ROAD: £163,500 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 4 COPENHAGEN CLOSE: £26,500 (Sold on 27 Jan 1995)
Detached
- The average price is around £299,148 median price is £275,000 Standard Deviation is £155,985 with Total Sold: 159
- The Last 5 Year average price is £488,250 with Total Sold: 30
- The most recent sale happened at this postcode is , 5 SALMOND ROAD: £660,000 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , 64 WHITLEY WOOD LANE: £62,000 (Sold on 10 Feb 1995)
Other
- The average price is around £16,689,656 median price is £351,470 Standard Deviation is £36,474,994 with Total Sold: 6
- The Last 5 Year average price is £393,235 with Total Sold: 4
- The most recent sale happened at this postcode is , 2 WOODSIDE BUSINESS PARK: £368,000 (Sold on 19 Oct 2022)
- The first recorded sale happened at this postcode is , FOSTER WHEELER ENERGY LTD SHINFIELD PARK: £98,250,000 (Sold on 21 Oct 2015)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£336,250	£3,974	4
2023	£334,417	£4,145	12
2022	£312,750	£4,493	11
2021	£283,917	£3,381	27
2020	£271,560	£3,709	15
2019	£283,684	£3,387	16
2018	£268,333	£3,328	18
2017	£289,000	£3,355	8
2016	£264,356	£3,332	19
2015	£224,243	£3,429	23
2014	£205,996	£2,490	14
2013	£184,932	£2,383	17
2012	£166,772	£2,179	12
2011	£164,544	£2,072	12
2010	£167,743	£2,194	7
2009	£162,956	£2,142	18
2008	£163,122	£2,059	8
2007	£184,203	£2,278	18
2006	£161,078	£2,143	18
2005	£150,334	£2,198	16
2004	£146,098	£1,650	28
2003	£131,390	£1,794	24
2002	£121,622	£1,501	23
2001	£113,833	£1,383	18
2000	£97,419	£1,300	24
1999	£77,517	£905	21
1998	£63,680	£791	22
1997	£54,207	£658	21
1996	£48,762	£712	21
1995	£51,368	£700	15

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£372,567	£3,889	15
2023	£349,023	£3,869	22
2022	£366,500	£4,184	19
2021	£325,683	£3,689	38
2020	£301,326	£3,901	23
2019	£299,284	£3,594	32
2018	£306,208	£4,075	24
2017	£299,954	£3,749	24
2016	£306,093	£3,623	27
2015	£268,933	£3,153	32
2014	£240,428	£2,698	30
2013	£202,515	£2,471	20
2012	£194,878	£2,281	9
2011	£176,214	£2,330	21
2010	£174,342	£2,190	19
2009	£162,715	£2,073	23
2008	£213,538	£2,284	17
2007	£204,788	£2,181	36
2006	£173,805	£2,020	48
2005	£163,677	£1,873	33
2004	£156,033	£1,713	35
2003	£152,827	£1,744	55
2002	£138,416	£1,605	50
2001	£116,315	£1,344	47
2000	£109,378	£1,222	27
1999	£87,241	£1,026	45
1998	£78,366	£918	34
1997	£66,166	£753	37
1996	£55,330	£663	33
1995	£57,746	£652	42

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£163,500		1
2023	£118,500	£2,073	7
2022	£172,500	£3,813	3
2021	£134,214	£2,315	7
2020	£110,950	£1,918	5
2019	£150,312	£2,559	8
2018	£123,250	£2,205	4
2017	£137,389	£2,611	9
2016	£156,680	£3,027	5
2015	£148,130	£2,563	5
2014	£120,300	£2,803	5
2013	£112,938	£1,737	4
2012	£91,800	£1,859	3
2011	£131,333	£2,053	3
2010	£94,042	£1,467	6
2009	£98,500	£2,703	4
2008	£125,857	£2,646	7
2007	£125,500	£2,085	8
2006	£134,128	£2,442	9
2005	£107,312	£2,289	8
2004	£115,067	£2,209	6
2003	£107,583	£1,922	6
2002	£90,250	£2,220	6
2001	£70,367	£1,549	12
2000	£71,641	£1,369	6
1999	£61,500	£1,062	6
1998	£53,291	£1,147	12
1997	£52,280	£713	5
1996	£38,643	£791	7
1995	£35,117	£634	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£660,000		1
2023	£490,000	£3,852	5
2022	£472,500	£4,256	6
2021	£581,000	£4,375	5
2020	£478,125	£3,482	8
2019	£394,500	£3,766	5
2018	£436,000	£4,261	5
2017	£435,900	£3,627	5
2016	£493,500	£3,344	5
2015	£391,333	£3,166	6
2014	£320,011	£2,567	5
2013	£296,667	£2,151	3
2012	£247,317	£2,843	3
2011	£302,875	£2,360	4
2010	£286,125	£2,362	4
2009	£258,742	£1,939	6
2008	£308,667		3
2007	£293,286	£2,760	7
2006	£263,100	£2,384	5
2005	£233,750	£1,400	4
2004	£261,006	£1,467	10
2003	£217,211	£1,730	9
2002	£211,768	£1,637	11
2001	£203,690	£1,847	5
2000	£122,990	£1,697	5
1999	£153,667	£1,027	3
1998	£126,000	£715	5
1997	£116,783	£939	6
1996	£103,375	£761	4
1995	£106,500	£557	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£368,000		1
2021	£560,000		1
2019	£322,470		2
2018	£315,000	£3,351	1
2015	£98,250,000		1

House Type in RG2 8PU area

The most common house types in the RG2 8PU postcode area are Semi-detached (85), Terraced (81), and Flat (12).

Total	182
Semi-detached	85
Terraced	81
Flat	12
Detached	2
Shared house	2
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (74), and Owned: Owns outright (59).

Owned: Owns with a mortgage or loan	74
Owned: Owns outright	59
Social rented: Rents from council or Local Authority	21
Private rented: Private landlord or letting agency	17
Private rented: Other private rented	5
Social rented: Other social rented	4
Shared ownership: Shared ownership	2
Lives rent free	1
Does not apply	0

Number of People in a Household

The most houses in the RG2 8PU have 2 people in household (57), and 1 person in household (43).

2 people in household	57
1 person in household	43
4 people in household	32
3 people in household	28
5 people in household	14
6 people in household	7
7 people in household	1
8 or more people in household	1
0 people in household	0